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Nonprofit · EIN 94-6067469

THE DRUM FOUNDATION

Tax-exempt · SAN FRANCISCO, CA 94104

Financials

$142K$267K2023$391K$277K2024$152K$291K2025
Revenue Expenses · by fiscal year end
Financials of THE DRUM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$151,920$290,676-$138,756$3,558,560$0$3,558,560
December 31, 2024990-PF$391,045$276,551$114,494$3,697,316$0$3,697,316
December 31, 2023990-PF$141,870$266,729-$124,859$3,582,822$0$3,582,822
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$147,280
Net gain from sales of assets
$4,551
Other income
$89

Expenses

Grants and similar amounts paid
$179,000
Compensation of officers, directors and key employees
$50,000
Disbursements for charitable purposes
$232,419
Excise tax on investment income
$1,330

Balance sheet and other

Total assets, start of year
$3,697,316
Total assets, end of year
$3,558,560
Total liabilities, end of year
$0
Net assets, end of year
$3,558,560
Fair market value of assets
$5,637,055
Qualifying distributions
$232,419
Net investment income
$151,920

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JANET ABBOTT
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Director5$25,000
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Director5$25,000
JANET ABBOTT
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
President0$0
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Treasurer0$0
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Secretary0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JANET ABBOTT
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Director5$25,000
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Director5$25,000
JANET ABBOTT
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
President0$0
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Treasurer0$0
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Secretary0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JANET ABBOTT
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Director5$25,000
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Director5$25,000
JANET ABBOTT
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
President0$0
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Treasurer0$0
PHILIP HUDNER
235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104
Secretary0$0

Address and contacts

Address (IRS master file)
235 MONTGOMERY ST STE 735, SAN FRANCISCO, CA 94104-2917
In care of
% PHILIP HUDNER
Signed the 990-PF
Mollie Hudner Thompson, Treasurer
Phone
(415) 651-1915
Return prepared by
Katsis & Company Ltd

California records

California keeps its own records of charities and corporations. Search them by EIN 94-6067469 or by the name THE DRUM FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
94-6067469
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1958
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,558,560
Income (IRS master file)
$392,492

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$151,920$290,676$3,558,560IRS
990-PFDecember 2024$391,045$276,551$3,697,316IRS
990-PFDecember 2023$141,870$266,729$3,582,822XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-6067469).

Questions about THE DRUM FOUNDATION

What is the EIN of THE DRUM FOUNDATION?
The employer identification number (EIN) of THE DRUM FOUNDATION is 94-6067469.
Is THE DRUM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
Are donations to THE DRUM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE DRUM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE DRUM FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE DRUM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THE DRUM FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $25,000 (JANET ABBOTT, Director).
How much revenue does THE DRUM FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $151,920, expenses of $290,676 and total assets of $3,558,560 at year end.

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